StockMarketWire.com - Events business Tarsus Group said it expected to post an 8% rise in annual like-for-like revenue on a constant currency basis.

'The group delivered a good operational and financial performance in 2018,' Tarsus said.

'As a result, the board anticipates that results for the year ended 31 December will be in line with its expectations.'

Taarsus said the World Anti-Aging Congress in Las Vegas performed 'strongly', while the Flower Show in Turkey and a business aviation event in Dubai both performed 'solidly'.

'Prospects for continued organic growth in 2019 are positive,' the company said.

'Forward bookings for the group's major events - which include the biennial Labelexpo Europe and the Dubai Airshow - are encouraging and the brand replication portfolio continues to grow.'

Like-for-like bookings for 2019 were up at least 10%.

'We currently expect 2019 reported results to benefit from weaker sterling,' Tarsus added.

'Whilst it is very early in the year, the board is confident of another good performance in 2019.


At 9:34am: [LON:TRS] Tarsus PLC share price was +3p at 259p



Story provided by StockMarketWire.com